Vantiv Inc. has filed a lawsuit alleging breach of a non-compete contract against Gaetano DiMaggio, its former senior vice president who was terminated in August.

The Cincinnati-based electronic payments processing company, spun off from Fifth Third Bancorp in 2009 and taken public earlier this year, alleges DiMaggio has taken a job with iPayments Inc., a Vantiv competitor. It’s seeking a court order to enforce the non-compete and bar him from working for iPayments. It’s also seeking a return of all consideration, including a year’s base salary, that he received pursuant to a termination agreement with Vantiv.

The lawsuit was filed in Hamilton County Common Pleas Court on Dec. 19. No reason was cited for DiMaggio’s termination, and he could not immediately be reached for comment.

DiMaggio was “a highly compensated executive at Vantiv and was part of the senior level of Vantiv executives eligible for restricted stock awards,” the company’s complaint states. Among his duties, it said, he was an executive in the acquisitions and strategy division and had access to proprietary and confidential information.

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